PROGRAM BASICS

• • Stephen M. Ross School of Business
  • Evening MBA Program
  • 724 E. University
  • MI
  • Ann Arbor, 48109, Michigan
  • United States
  • Program Web site: http://www.bus.umich.edu/PTMBA
  • E-mail: RossPTMBA@umich.edu
• • Percentage of part-time students who graduate within six years of entering program: 87 %
  • Average months to complete program: 56
  • Maximum months permitted to complete program: 120
  • Does the school have a separate full-time MBA program? Yes
  • If so, can part-time students switch to the full-time program? Yes

• Tuition and Fees: (Based on six credits in the fall and six credits in the spring)

  • Resident: $19,320.00
  • Non-Resident: $21,324.00

• Tuition per credit:

  • Resident $1,563.00
  • Non-resident $1,730.00
• • Graduate business school is accredited by: Association to Advance Collegiate Schools of Business (AACSB)

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 1,914
  • Full-Time MBA: 1,046
  • Part-Time MBA: 432
  • Executive MBA: 129
  • PhD Program: 104
• • Undergraduate business school enrollment: 1,206
  • Graduate degree programs: Master of Accounting, Other
  • Other graduate degree programs: MSCM--Masters of Supply Chain Management

ADMISSIONS, SELECTIVITY AND YIELD

• • Total applications, most recent entering class: 138
  • Applications accepted, most recent entering class: 75 %
  • Admitted students enrolled: 90 %
  • Applicants wait-listed during the last admissions cycle: 0
  • Wait-listed applicants admitted for the semester to which they applied: 0
  • Applicant interviews are: By invitation only

ENTRY REQUIREMENTS

• • Rolling admissions? No
  • GMAT required? Yes
  • Are applicants allowed to submit the GRE? Yes
  • If not, how are applicants' quantitative abilities checked? GRE

• GMAT score distribution (applicant pool)

  • 50th Percentile (median) 640
  • 10th Percentile 520
  • 75th Percentile 690
  • 25th Percentile 560
  • Average GMAT Score 622
  • 90th Percentile 710

• GMAT score distribution (incoming class)

  • 10th Percentile 590
  • 25th Percentile 620
  • 75th Percentile 690
  • Average GMAT Score 655
  • 50th Percentile (median) 650
  • 90th Percentile 720
• • Is proficiency in English required? Yes
  • Is a minimum score on an English language proficiency test required? Yes

• Which English language proficiency tests are accepted?

  • • IELTS
    • TOEFL Internet Based Test
• • Minimum paper-based TOEFL: 600

• Relative Importance of Application Elements:

  • GMAT Score: Very Important
  • Resume/Work Experience: Very Important
  • Application Essays: Very Important
  • Interviews Very Important
  • Recommendations: Very Important
  • Undergraduate Transcripts: Very Important

CLASS PROFILE

• • Female students: 22 %
  • International students: 24 %

• Percentage of U.S. students in newest entering class that are:

  • African American: 1 %
  • Asian American: 19 %
  • Hispanic or Latino American: 1 %
  • Multiethnic/Multiracial: 0 %
  • Native American: 1 %
  • White (Non-Hispanic): 71 %
  • Chose not to report: 7 %
  • Other: 0 %

• Postgraduate work experience (months):

  • Mean: 72
  • Median: 53
  • From: 24
  • To: 38
  • One year or less: 4 %

• Base salary of entering part-time MBA students:

  • Mean: $83,000.00
  • Median: $70,000.00

• Middle 80% range:

  • From: $40,000.00
  • To: $104,000.00

• Entering students work in the following functional areas:

  • Consulting: 9 %
  • Finance/Accounting: 16 %
  • General Management: 3 %
  • Human Resources: 2 %
  • Marketing/Sales: 11 %
  • Management Information Systems: 14 %
  • Operations/Production: 25 %
  • Other: 20 %

• Entering students work in the following industries:

  • Consulting: 3 %
  • Consumer Products: 0 %
  • Financial Services: 12 %
  • Government: 3 %
  • Manufacturing: 30 %
  • Media/Entertainment: 4 %
  • Non-Profit: 3 %
  • Petroleum/Energy: 3 %
  • Pharmaceutical/Biotechnology/Health Care: 9 %
  • Real Estate: 4 %
  • Technology: 10 %
  • Other: 19 %

• Organizations that send the most participants to the part-time MBA program:

  • Ford Motor Company 72
  • General Motors Corp 29
  • University of Michigan 26
  • Chrysler Corp 25
  • Eaton Corporation 8
• • Mean age, newest entering class: 30
  • Median age, newest entering clas: 28

FINANCIAL AID

• • Part-time MBAs apply for financial aid through: Dedicated financial aid office at the B-school
  • Students receiving some form of financial aid in 2011-12: 72 %

• Of part-time MBA students who applied for financial aid for the 2011-12 academic year, percentage receiving:

  • Institutional Scholarships: 0 %
  • Assistantships: 0 %
  • Loans (private and government): 100 %
• • Mean financial aid package: $17,573.00
  • Median financial aid package: $23,942.00
  • Full-tuition scholarships awarded, 2011-12: 0
  • Does school offer a guaranteed loan to all part-time MBAs? No
  • Maximum guaranteed loan: $0.00
  • Mean outstanding debt at graduation: $67,366.00

FACULTY

• • Faculty employed by the B-school: 199

• Full-time faculty:

  • Tenured: 68
  • Non-Tenured: 62

• Adjunct/Visiting Faculty:

  • Tenured: 13
  • Non-Tenured: 56

• Women on Faculty:

  • Tenured: 16
  • Non-Tenured: 33

• Minority Faculty:

  • Tenured: 24
  • Non-Tenured: 21

• International Faculty:

  • Tenured: 22
  • Non-Tenured: 30

• Faculty with PhDs:

  • Tenured: 81
  • Non-Tenured: 87

STUDENT LIFE

• Active MBA specialization clubs open to part-time students:

  • • Biotech/Health care
    • Corporate Social Responsibility/NetImpact
    • Entrepreneurship
    • Finance
    • Human Resources
    • Marketing
    • Nonprofit
    • Other
    • High Tech
    • VC/ Private Equity
    • Environmental
    • Consulting
    • Information Technology
    • Manufacturing
    • Media & Entertainment

• Active MBA networking clubs open to part-time students:

  • • International Club
    • Black MBA Association
    • Hispanic Student Organization
    • Volunteer
    • Women in MBA
    • Gay/Lesbian/Bisexual
    • Partners/Family
    • Wine
• • Do part-time MBA students have their own area/center on campus? No
  • Do part-time MBA students have break-out rooms? Yes

TEACHING/ACADEMICS

• Teaching Methods:

  • Case Study: 25 %
  • Experiential Learning: 15 %
  • Lectures: 20 %
  • Simulations: 25 %
  • Team Projects: 15 %
• • Estimated number of hours per week students spend on classwork, excluding time spent in class: 21
  • Teachers in the part-time program: 82
  • Tenured teachers in the part-time program: 28
  • Faculty also teaching in full-time program: 91 %
  • Average core class size: 39
  • Average elective class size: 40
  • Electives available: 84

• Recently added electives:

  • BA 685 Healthcare in Emerging Markets
  • ES 720 Commercialization of Biomedicine
  • OMS 582 Action Learning Projects
  • OMS 649 Revenue Management
• • Last curriculum revision: 2005
• • Does the B-school offer an accelerated part-time MBA program? No

• Leading areas of study:

  • • Finance
    • Strategy
    • General Management
    • Marketing
    • Consulting

• Graduation requirements:

  • • Students must have attended a minimum number of classes
    • Students must have earned a pre-determined GPA/Letter grade average
• • Credits required to graduate: 60

TECHNOLOGY

• • Technology improvements in the last three academic years: Room availability signage; iTunes U site; 6-seat multimedia production lab; Enterprise-enabled Instant Message and desktop video conference; 802.11n wireless; Microsoft SharePoint
  • Amount spent: $7,075,000.00

B-SCHOOL ALUMNI

• • Living MBA alumni: 27,300
  • Active MBA alumni clubs: 53
  • Countries in which MBA clubs exist: 27
  • Living MBA alumni who gave in past year: 12 %
  • Mean gift from MBA alumni: $974.00
  • Median gift from MBA alumni: $125.00
  • Did school receive an individual gift in excess of $10 million in the past academic year? No
  • Business school endowment $364,550,000.00
  • Does the main university offer career placement services for alumni? Yes
  • Does the main university have an alumni networking Web site? Yes
  • University alumni networking site: http://alumni.umich.edu
  • Does the B-school offer career services for alumni? Yes
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: http://www.bus.umich.edu/alumnicommunity
  • Do current MBA students have access to an alumni database? Yes

CAREER SERVICES

• • Do part-time MBAs have access to career development office?
    • Yes
  • If yes, at what point in the degree process are part-time MBA students able to use the service?
    • At any time
  • Are part-time MBAs permitted to interview for full-time jobs? Yes
  • Are part-time students included in resume drops? Yes

• • -I enjoyed the challenge of being in a top business school surrounded by smart, motivated people. I also appreciated the flexibility of the classes, which allowed me to balance, work, family, and school.
    
    -I feel that I got a very well rounded education. I am a more aware employee and manager compared to before I had my degree, but I also feel like my ego is still in check and that the degree didn't go to my head.
    
    -A few of the required courses should have been optional. Although you can test out of a couple of the required courses the process is far from streamlined. Because part time students are not required to do an internship, the MAP (Multidisciplinary Action Project) should be required and it should be offered in all semesters. It's currently optional and only offered to evening students in the fall term.
    
    -Although I was already in a business function, the Ross MBA really gave me a holistic view of the business world. It enhanced my leadership and analytical skills. I was able to instantly apply my learning to real business problems, which had a great impact on my career as I was going through the program. Career Switcher or not, this program adds so much value because of the caliber of professors and students. Ross also has a very strong alumni network which I tapped in to often that helped me plan my future career / employer. This is an amazing program, I learned a lot and had a blast!
    
    -I wish Part-Time MBA students were given same access to career services like full time students for internship recruiting. We are not allowed to drop resume or bid for interview slots for internship roles. I wish this was different, specially now that most students are self financed and willing to leave their employer for internship opportunities.
    
    -I have been very impressed by the quality of the faculty and the ability of the school to translate the full time curriculum into a part time format. This is just like doing a full time MBA, except with a practical on the job component.
    
    -I would appreciate if more of an effort was made to ensure that all classes offered during the day were also offered at least once per year in the evening. There were several classes I would have liked the option of taking that were only offered during the day. More study rooms would be helpful. There are not enough study rooms available during the regular school year. During the summer the business school hours are not optimal. They building opens too late on Saturdays and is not open at all on Sunday. Sunday is a very important day for evening/part time students as it is often the best day to do group work. Evening students typically do not take spring/summer off from the program. It is very inconvenient to evening students to have the school closed on Sundays in the spring/summers.
    
    -Attending Ross has been a life changing experience. The teaching has exceeded my expectations both in the ideas presented and quality of teaching. My fellow students have opened my mind to new ideas and new industries. It has greatly enhanced my career at my current employer -- I'm able to participate in more areas, and able to 'practice/implement' my new knowledge at my employer. The facilities are incredible! I have taken full advantage of being a student - joining many clubs, participating in social events, and case competitions. Also, alumni network is very strong and very helpful.
    
    -I think the one thing that could be improved is to create more of a relationship with the daytime students so that we as a B-School community would look like a more cohesive unit.
    
    -The level of classroom experience, professor knowledge/expertise, fellow classmate expertise and interest, and hands-on opportunities (through classroom projects and optional extra-curriculars) is exceptional. You cannot go wrong with a Ross MBA - whether you intend on staying at your current company or moving on somewhere else.
    
    -Ross is a great experience. Definitely worth the money. My main issue coming out of the program was how to deal with class discussion. In some classes, where class participation is a large portion of the grade, it became very annoying and a waste of my time to listen to the same classmate talk again and again with no real point and only wanting participation. Some professors do a good job with this but it was a challenge in many classes. Ross needs to address this.
    
    -Ross makes it about so much more than just business. They teach you how to be a genuinely superior leader. I've learned skills that have improved not only my understanding of the rules of business but also how to develop my peers and myself. It has affected life at work AND at home. I am a better, happier, smarter, quicker version of my former self.
    
    -I expected class work that addressed the cutthroat managerial skills needed in today's business world. Instead I left with a deeper understanding of the social responsibility that comes with leadership in both my professional and personal life. It has forever changed the way I interact with everyone around me.
    
    -The MBA programs at Ross provide students with an internally collaborative and externally competitive environment. If you're in the day, part-time or executive programs at Ross you're all the same -- you earn a Ross MBA. The programs are taught by the same faculty, everyone has the opportunity to participate in the same events and the networking and friends made at Ross are forever. It's a world-class program with amazing classmates!